Trade war impact: US factory sector in deepest slump in more than 10 years
The manufacturing sector had been under pressure for much of the second half of 2019, as tit-for-tat tariffs by the United States and China slowed the flow of goods between the world`s two largest economies and contributed to a cooling in the pace of global economic growth.
Jan 04, 2020, 00:01 AM ISTUS factory sector suffers end-of-year chill
The US factory sector grew at its slowest pace in six months in December, a sign that weakness in the global economy is weighing on the United States.
Jan 02, 2015, 22:33 PM IST